Rimini Street Inc. (RMNI): Price and Financial Metrics
RMNI Price/Volume Stats
| Current price | $4.29 | 52-week high | $7.25 |
| Prev. close | $4.22 | 52-week low | $3.46 |
| Day low | $4.23 | Volume | 410,600 |
| Day high | $4.39 | Avg. volume | 297,672 |
| 50-day MA | $4.00 | Dividend yield | N/A |
| 200-day MA | $4.45 | Market Cap | 381.44M |
RMNI Stock Price Chart Interactive Chart >
RMNI POWR Grades
- Growth is the dimension where RMNI ranks best; there it ranks ahead of 97.78% of US stocks.
- The strongest trend for RMNI is in Growth, which has been heading up over the past 179 days.
- RMNI ranks lowest in Momentum; there it ranks in the 2nd percentile.
RMNI Stock Summary
- RIMINI STREET INC's capital turnover -- a measure of revenue relative to shareholder's equity -- is better than just 2.71% of US listed stocks.
- RMNI's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 3,567.98 -- higher than 99.2% of US-listed equities with positive expected earnings growth.
- RMNI's current price/earnings ratio is 5,174.3, which is higher than 99.89% of US stocks with positive earnings.
- If you're looking for stocks that are quantitatively similar to RIMINI STREET INC, a group of peers worth examining would be LEV, CATO, INFU, OWL, and SITM.
- Visit RMNI's SEC page to see the company's official filings. To visit the company's web site, go to www.riministreet.com.
RMNI Valuation Summary
- RMNI's price/sales ratio is 0.9; this is 63.27% lower than that of the median Technology stock.
- RMNI's price/earnings ratio has moved up 5052.9 over the prior 98 months.
Below are key valuation metrics over time for RMNI.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| RMNI | 2023-05-22 | 0.9 | -5.2 | 5051.4 | 25.4 |
| RMNI | 2023-05-19 | 0.9 | -5.1 | 4988.9 | 25.0 |
| RMNI | 2023-05-18 | 0.9 | -5.2 | 5100.0 | 25.6 |
| RMNI | 2023-05-17 | 0.8 | -5.0 | 4902.8 | 24.5 |
| RMNI | 2023-05-16 | 0.8 | -4.7 | 4569.4 | 22.7 |
| RMNI | 2023-05-15 | 0.8 | -4.8 | 4680.6 | 23.3 |
RMNI Growth Metrics
- Its 2 year net cashflow from operations growth rate is now at 119.86%.
- Its 3 year net cashflow from operations growth rate is now at 760.88%.
- The 2 year net income to common stockholders growth rate now stands at 426.7%.
The table below shows RMNI's growth in key financial areas (numbers in millions of US dollars).
| Date | Revenue | Operating Cash Flow | Net Income to Common Stock |
|---|---|---|---|
| 2022-09-30 | 400.32 | 55.888 | 69.371 |
| 2022-06-30 | 394.031 | 80.556 | 63.085 |
| 2022-03-31 | 384.445 | 88.3 | 58.129 |
| 2021-12-31 | 374.43 | 66.945 | 45.197 |
| 2021-09-30 | 362.979 | 58.084 | -24.468 |
| 2021-06-30 | 349.855 | 45.021 | -21.216 |
RMNI's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- RMNI has a Quality Grade of A, ranking ahead of 99.69% of graded US stocks.
- RMNI's asset turnover comes in at 1.291 -- ranking 75th of 561 Business Services stocks.
- CPSI, HGBL, and QUOT are the stocks whose asset turnover ratios are most correlated with RMNI.
The table below shows RMNI's key quality metrics over time.
| Period | Asset Turnover | Gross Margin | ROIC |
|---|---|---|---|
| 2021-06-30 | 1.291 | 0.617 | -0.160 |
| 2021-03-31 | 1.328 | 0.614 | -0.129 |
| 2020-12-31 | 1.447 | 0.614 | -0.195 |
| 2020-09-30 | 1.537 | 0.612 | -0.144 |
| 2020-06-30 | 1.672 | 0.615 | -0.105 |
| 2020-03-31 | 1.765 | 0.619 | -0.098 |
RMNI Price Target
For more insight on analysts targets of RMNI, see our RMNI price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.
| Average Price Target | $11.90 | Average Broker Recommendation | 1.6 (Moderate Buy) |
Rimini Street Inc. (RMNI) Company Bio
Rimini Street, Inc. provides enterprise software support services. It offers enterprise software support services for Siebel, PeopleSoft, JD Edwards, Oracle E-Business Suite, Oracle Database, Hyperion, Oracle Retail, Oracle Fusion Middleware, SAP, and BusinessObjects software. The company was founded in 2005 and is based in Las Vegas, Nevada.
Latest RMNI News From Around the Web
Below are the latest news stories about RIMINI STREET INC that investors may wish to consider to help them evaluate RMNI as an investment opportunity.
Rimini Street Korea is Again Named a Great Place to Work®LAS VEGAS, May 18, 2023--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, products and services, the leading third-party support provider for Oracle and SAP software, and a Salesforce and AWS partner, has earned the Great Place to Work Korea certification for the second consecutive year. |
Rimini Street Honored by Clients and Industry with Multiple Service and Leadership Awards in Recognition of its Commitment to Delivering "Extraordinary"LAS VEGAS, May 11, 2023--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, products and services, the leading third-party support provider for Oracle and SAP software, and a Salesforce and AWS partner, today announced Rimini Street has been honored with multiple service and leadership awards by its clients and the technology community, in recognition of its commitment to delivering "extraordinary technology solutions powered by extraordinary talent. |
Rimini Street Announces Fiscal First Quarter 2023 Financial and Operating ResultsLAS VEGAS, May 03, 2023--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, products and services, the leading third-party support provider for Oracle and SAP software, and a Salesforce and AWS partner, today announced financial and operating results for the first quarter ended March 31, 2023. |
Rimini Street Celebrates Its Commitment to Quality and Information Security Processes and 10 Years of Flawless ISO-27001 and ISO-9001 AuditsLAS VEGAS, April 26, 2023--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, products and services, the leading third-party support provider for Oracle and SAP software, and a Salesforce and AWS partner, celebrates its commitment to expanding and improving quality and information security processes and a decade of perfect ISO-27001 and ISO-9001 audits with zero non-conformities. Rimini Street continues to achieve and deliver the highest standard for |
Rimini Street Announces Upcoming Spring 2023 Investor Conference ScheduleLAS VEGAS, April 20, 2023--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, products and services, the leading third-party support provider for Oracle and SAP software, and a Salesforce and AWS partner, today announced that Michael L. Perica, chief financial officer, and Dean Pohl, vice president of investor relations, will be presenting and meeting with investors one-on-one and in small group meetings at the following conferences: |
RMNI Price Returns
| 1-mo | 5.93% |
| 3-mo | -15.22% |
| 6-mo | 6.19% |
| 1-year | -36.63% |
| 3-year | -3.81% |
| 5-year | -22.00% |
| YTD | 12.60% |
| 2022 | -36.18% |
| 2021 | 34.76% |
| 2020 | 14.18% |
| 2019 | -24.66% |
| 2018 | -34.89% |
Continue Researching RMNI
Here are a few links from around the web to help you further your research on Rimini Street Inc's stock as an investment opportunity:Rimini Street Inc (RMNI) Stock Price | Nasdaq
Rimini Street Inc (RMNI) Stock Quote, History and News - Yahoo Finance
Rimini Street Inc (RMNI) Stock Price and Basic Information | MarketWatch
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